Home Depot borrowed $610,000 for four months. The annual interest rate on the loan was 13%. The fiscal year ends on December 31. The company borrowed the $610,000 one month prior to the start of its current fiscal year and paid back the $610,000 plus interest three months into its current fiscal year. How much interest expense, if any, would Home Depot report at the end of its last fiscal year and at the end of its current fiscal year? Interest Expense Last year Current year